unique separate class of ATOL negotiated exclusively for Travel Trust
Association members could attract new companies into the organisation.
TTA is currently thrashing out the details of a third-party franchise agreement
with the Civil Aviation Authority, likely to be concluded in January.
will be a cost-effective vehicle for members who engage in split-contracting,”
director Todd Carpenter predicts the benefits of the deal could attract 20 to
30 new members to the 475-strong organisation.
agreement has negotiated an “amnesty period” with the CAA following the
introduction of the mini-ATOLs in October 8 to clamp down on split-contracting.
TTA deal will mean no financial assessment test, no bond requirements and a
simplified application process for members carrying under 500 passengers.
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